Assistant General Manager - Finance - Real Estate
Posted 1 day ago
Posted 1 day ago
Description:
We are seeking a seasoned Account & Finance Professional for a leading Real Estate/Construction Company.
Position: AGM Accounts, Finance and Taxation.
Location: Mumbai.
Mandatory experience in Real estate industry.
Qualifications:
Qualified CA/ICWA/MBAFinance with 10 15yrs of total work experience in Construction/ Contracting industry.
Worked for 3 - 4 Years in a leadership role in a mid-sized / large Construction/Contracting company into Finance & Accounting function.
Responsibilities:
Accounts and Audit:
- Manage the Financial operations of the Organisation, ensuring compliance with accounting principles & regulatory requirements.
- Finalization of accounts, divisional & branch accounting & Consolidation of Financials.
- Resolving the queries raised by statutory auditors, internal auditors etc. & getting the audits completed.
- Stores/ Materials accounting.
- Tax audit details preparation & getting the same completed.
- Knowledge of Accounting Standards and their implementation.
- Preparing the Annual report
MIS:
- Preparing Company wise & Project wise Profitability.
- Preparing Debtors & Creditors Ageing report.
- Preparing Debt Status report.
- Preparing Site wise Working Capital Requirement.
- Calculation of WIP & COS on the basis of percentage work completion.
- Prepare accurate & timely financial reports, including monthly, quarterly & annual financial statements for the senior management.
Budgeting:
- Building necessary base for annual budget preparation.
- Monitoring the Budgets along with the actuals.
- Analysing the Budget vs Actuals.
- Margin & Profitability Analysis.
- Perform financial analysis, identify trends & provide insights to support strategic decision making.
Taxation:
- Oversee Filing of returns and attending tax authorities for assessments and appeals.
- Ensuring Timely filing of returns.
- Getting the GST Audit completed.
- Oversee Personal taxation employees.
- Collaborate with external auditors, tax advisors & legal counsel to ensure compliance with audit & tax.
Finance:
- Preparation and submission of applications/Proposals to various Bankers/Financial Institutions for arranging loans for financial assistance in form of Working Capital Finance (Fund based & Non Fund Based), Term Loans, Short Term Deposits and timely follow up for necessary sanctions, documentations and disbursements.
- Renewal of Existing Loans & line of Credit.
- Preparing reports required by rating agencies & getting the ratings done from the credit rating agencies.
- Completing the Compliances required by the Bankers.
- Surplus Fund Management in terms of placement of inter-corporate deposits to Corporate.
- Preparing the Business Plan.
Banking & Working Capital/Fund Management:
- Preparation of QIS/FFR & Calculation of drawing power.
- Preparation of CMA.
- Bill Discounting and L/C backed Bill discounting at competitive interest rates.
- Arranging Letters of Credit and Bank Guarantee.
- Arranging Suppliers' Credit and Buyers' Credit.
- Placement of commercial papers.
- Liaising with Senior Officials of Banks, Financial Institutions, Finance Companies, Mutual Funds, etc.
- Managing Vendor Payments & Receivables & ensuring accurate & timely process of transactions.
- Implement & maintain strong internal controls & financial procedures to safeguard company assets, Credit Control & ensure compliance.
Corporate Planning and System:
- Involved in corporate planning during organizational & Capital restructuring at all levels.
- Involved in formulation of various systems, policies, procedures, commensurate with the need of the company.
- Involved in Financial projections of collaborations / joint ventures envisaged.
- Experience in issue of IPO will be an added advantage.
- Experience in Secretarial work (CS) will be an added advantage.
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